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BRL to BTW price chart
BRL to Bitway exchange rate
About Brazilian Real (BRL)
What Is the Brazilian Real (BRL)?
The real (BRL) is the official currency of Brazil. It is issued by the Central Bank of Brazil. Introduced in 1994 to replace the cruzeiro amid hyperinflation, the real is subdivided into 100 centavos. Brazil has the world's eighth-largest economy, and the real plays a significant role in global markets. It is a floating currency, and as of recent years the real ranked as the 20th most-traded currency in the world. Domestically, the real is used for all financial transactions in Brazil. Its value reflects both Brazil's large internal market and the country's extensive exports of commodities like soy, iron ore, and oil.
What Influences Fluctuations in the Brazilian Real?
The real is sensitive to a range of economic factors. As a freely floating currency, its value changes with market forces such as Brazil's economic performance, inflation, and interest rates. Commodity prices–especially agricultural and energy products–can affect Brazil's export revenues and thus the demand for reais. Political developments and investor confidence also play a role. The Central Bank of Brazil actively manages inflation, but because the BRL is floating, exchange rates are largely determined by supply and demand on the open market. In practice, periods of economic growth and strong commodity prices often strengthen the real, while recessions or political uncertainty can lead to depreciation.
How to convert Brazilian Real to Bitway
Bitway price conversion tables
Brazilian Real | |
|---|---|
1 | 6.5508 |
2 | 13.1016 |
3 | 19.6524 |
5 | 32.7541 |
10 | 65.5083 |
25 | 163.7707 |
50 | 327.5415 |
100 | 655.0831 |
1,000 | 6,550.831 |
Brazilian Real | |
|---|---|
1 | 0.1526 |
5 | 0.7632 |
10 | 1.5265 |
20 | 3.05304 |
50 | 7.6326 |
100 | 15.2652 |
200 | 30.5304 |
500 | 76.3261 |
1,000 | 152.6523 |
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Brazilian Real to Bitway performance history
Today vs. 24 hours ago
BRL (Brazilian Real) | Today at 9:50 AM | 24 Hours Ago | 24h Change |
|---|---|---|---|
| 1 BRL | 0.1552 BTW | 0.165 BTW | -6.28% |
| 5 BRL | 0.7763 BTW | 0.825 BTW | -6.28% |
| 10 BRL | 1.5527 BTW | 1.6501 BTW | -6.28% |
| 50 BRL | 7.7639 BTW | 8.2508 BTW | -6.28% |
| 100 BRL | 15.5279 BTW | 16.5016 BTW | -6.28% |
| 1,000 BRL | 155.2795 BTW | 165.0165 BTW | -6.28% |
Today vs. 30 Days ago
BRL (Brazilian Real) | Today at 9:50 AM | 30 Days Ago | 30d Change |
|---|---|---|---|
| 1 BRL | 0.1552 BTW | 0.1408 BTW | +9.29% |
| 5 BRL | 0.7763 BTW | 0.7042 BTW | +9.29% |
| 10 BRL | 1.5527 BTW | 1.4084 BTW | +9.29% |
| 50 BRL | 7.7639 BTW | 7.04225 BTW | +9.29% |
| 100 BRL | 15.5279 BTW | 14.0845 BTW | +9.29% |
| 1,000 BRL | 155.2795 BTW | 140.845 BTW | +9.29% |
Today vs. 1 Year ago
BRL (Brazilian Real) | Today at 9:50 AM | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| 1 BRL | 0.1552 BTW | 21.834 BTW | -13,961.14% |
| 5 BRL | 0.7763 BTW | 109.1703 BTW | -13,961.14% |
| 10 BRL | 1.5527 BTW | 218.3406 BTW | -13,961.14% |
| 50 BRL | 7.7639 BTW | 1,091.703 BTW | -13,961.14% |
| 100 BRL | 15.5279 BTW | 2,183.4061 BTW | -13,961.14% |
| 1,000 BRL | 155.2795 BTW | 21,834.06113 BTW | -13,961.14% |